Team –
Last week, we revealed a breakdown of where Sound Transit plans to suck up money for its latest scheme, ST3. And, how the transit agency plans to spend those taxpayers dollars.
We discovered that new taxes amounting to $27.6 billion would account for the majority of the more than $50 billion Sound Transit plans to waste over the next 25 years. And, lightly-used light rail — projected to cost over $34 billion — will comprise a whopping 85% of the $4-billion-plus Sound Transit plans in total capital costs.
In other words, Sound Transit expects taxpayers to cover the majority of costs (ridership fares would only bring in 1.48% of ST’s money) for a transit scheme that will probably be outdated by the time it is completed in 25 years (and given ST’s track record, probably much longer than even that extended time frame).
Important questions must be considered: Is Sound Transit worthy of the largest tax increase in state history? And, will the ST3 product be worth it after 25 years? Or, are there other, wiser ways to decrease traffic congestion?
You can count on us to continue asking these questions as Sound Transit and its Seattle liberal chorus tries to jam ST3 down the voters’ throats.
– The Shift Team